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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (22687)	12/6/2000 6:02:50 PM
From: Ken W	Read Replies (1) of 29382

Joe: QQQ 68 1/8 needed to hold so that the reversal is in tact. Otherwise the lower bottom near 62 or 60 could very well be retested. The 50dMA as well as the 200dMA are lower too overall, so I would say that this downtrend is not out of the way yet. On another note RDRT may have legs. 207.61.23.98 It may have to retest the 10dEMA again as, very short term, it is a bit ahead of itself. A break over 5 on some good volume (Mag forgive me) looks to clear the way up to the 50dMA above 7...let us ask for some good news from the road show. LOL Ken

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